Construction starts on Yichang section of China’s Yichang-Yueyang expressway
Construction works have begun on the Yichang section of China’s new Yichang-Yueyang expressway. Covering 51.8km, the Yichang expressway section will cost around US$613.35 million (CNY 3.82bn).
January 4, 2013
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Construction works have begun on the Yichang section of China’s new Yichang-Yueyang expressway. Covering 51.8km, the Yichang expressway section will cost around US$613.35 million (CNY 3.82bn).
Key highway projects are being planned in Vietnam. The Ninh Binh-Thanh Hoa expressway will run 127km and is expected to cost US$1.6 billion to construct. The Nghi Son-Bai Vot expressway will cost $1 billion to build and Vietnam's Ministry of Transport (MoT) hopes to source a loan from the World Bank for this project. Vietnam's MoT is putting the projects through the tender process at present. The deals will be made under either the build-operate-transfer (BOT) or public-private partnership (PPP) models. So
Bolivia has started work on the new northern La Paz road, a five-year, US$250 million project.
Work is underway on the first section, known as Apolo Charasani, while the second section, called Charasani-Escoma, is still under analysis.
World Highways reported in September that Bolivia planned to invest nearly $510 million for road building works. The country’s state-run road company, Administradora Boliviana de Carreteras, said 32 road maintenance and construction projects stretching for 5,773km in Sant
